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When asked about trusting governments in 2017, the majority of people surveyed in 28 major countries didn’t answer positively. Civilizations have been built on trust, but the survey (named the 2017 Edelman Trust Barometer) paints a bleak picture. And according to the Pew Research Center, only 2 in 10 Americans have “a lot” of trust in news media. It’s hard to imagine things getting worse.
What can we look to? The Economist thinks it’s helpful if we think of blockchains as a “trust machine.”